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AeroVironment, Inc. (AVAV)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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62.05+0.33 (+0.53%)
As of 12:45PM EDT. Market open.
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  • C
    Christina
    Since AVAV fell 25% already are we recession proof?
  • R
    Ryan
    This is one to buy on dips. It’s overpriced like a lot of growth stocks but it has zero debt. Long term winner for sure
  • R
    Rainmaker93
    C'mon. You make excellent, powerful drones. Get into new markets. It's not all about blowing up terrorists. Maybe some environmental studies? Police protection? Product delivery?
  • M
    MichaelA
    So, what's the news?
  • S
    StanCo
    Finally made it through that $80 resistance, great news! Hopefully we can continue to run to $100+.
    Bullish
  • Y
    Yahoo Finance Insights
    AeroVironment reached a 52 Week high at 81.74
  • Y
    Yahoo Finance Insights
    AeroVironment is up 7.51% to 85.10
  • W
    Wyatt
    When AVAV announced its big earnings beat 9/6/2018 of 0.85 eps, it guided eps for the full year of 1.1-1.4. The stock went as high as $121. In December it beat and raised full year eps guidance 1.3-1.5. The stock dropped to as low as $65. Now they beat and raise again to 1.6-1.8, with a negative reaction. If the stock was going to fall, it should have done so based on the guidance in September. (It did, but not until the whole market corrected.). Since then, there have been only positive surprises. The business, and therefore the stock, is worth more after the earnings beat and raise than before. It is oversold and should and will go up.

    For a small company like this that may finish orders at various times in the year, you can’t just look at one giant quarter (fiscal 2019 Q1, which included 0.26 eps of a litigation settlement) and now say the company is shrinking because subsequent quarters haven’t kept up. Except for a couple of outlier quarters there has been steady, sequential earnings and revenue growth. They are guiding further revenue growth. This is a premier company, a market leader in an industry that is growing, with the US expected to increase spending on drones by 15%/yr the next 5 years. As far as I’m concerned, this is a great price for a great company.
  • W
    Wyatt
    Some funny reporting with different news agencies reporting different things, but eps was $0.26 per diluted share not $0.24 as reported in some of the articles. Whether that is a miss or a beat depends on which analysts you polled, but was roughly in-line. Revenue was a beat, all are agreed. The 4th quarter fiscal 2018 was an impossible comparison - revenue and earnings have now shifted to an even distribution over the year, as they noted, and the 2018 number included the large litigation settlement benefit. But overall growth for 2019 was massive, and they are predicting double digit revenue growth for fiscal 2020. $200 million in government appropriated funds not counted yet in the backlog. New acquisition, new projects, continued growth in government spending on drones, it wasn’t the blockbuster earnings report many of us hoped for, but the future is still bright.
  • H
    Heather
    So how do you trade from a high intraday of $95 after a great ER report, all the way to $71 in only 7 trading days? They raised guidance! This can't just be about Boeing and their problems, besides AVAV sells drones. No downgrades, no news, just solid revenue and earnings with raised guidance. The chart is a mess for whatever reason.
  • s
    stock-itch
    if the HAWK30 gets any media this stock will run to $100 because it is disruptive leading edge technology that can handle voice/LTE/5G for a 200km radius. Would allow cell/data access over water and remote areas that would otherwise not have coverage, and can also be used to replace cell/data towers. Softbank will be the first to use this technology in Hawaii and Japan.
    Bullish
  • S
    Scott
    Earnings beat and raised guidance. Is anyone else confused here or is it just me?
  • L
    LMT-Todd
    Anyone ever heard why AVAV doesn't have interest in the "delivery drone" market for UPS, Amazon, etc..?
  • D
    Dylan P
    After this ER, and the current geopolitical and economic stresses throughout the world, someone please tell me how the stock price of a company with no debt and a backlog of orders goes back up again??
  • W
    Wcriffster
    Really just the beginning for this industry. AVAV is well positioned both militarily as well as commercially.

    https://www.futurefarming.com/Tools-data/Articles/2019/6/Agricultural-drone-market-to-grow-to-USD-48-billion-434564E/
    The agriculturaldrone market is expected to grow from USD 1.2 billion by 2019 to USD 4.8 billion by 2024.
    The agriculturaldrone market is expected to grow from USD 1.2 billion by 2019 to USD 4.8 billion by 2024.
    www.futurefarming.com
  • L
    LMT-Todd
    "A police helicopter costs from $500,000 to $3 million to acquire, and $200-$400 an hour to fly. Manned aircraft are large, complex machines requiring expert ground crews, multiple shifts of pilots and co-pilots, and (unlike drones which can often be hand-launched) runways or helipads."

    Just need a wee bit faster AVAV drone to replace these...
  • W
    Whitmo G
    Having followed this company for many years now. I would say their promise of bringing innovation to the Defense business with speed and quality is now paying dividends in spades. Nice to finally be recognized for the top tear tech company they are.
  • L
    LMT-Todd
    On April 30, 2020, AeroVironment, Inc. (the “Company”) entered into an amendment to the Design and Development Agreement (the “Amendment”) with HAPSMobile, Inc. Under the Amendment, the maximum net value of the Design and Development Agreement increased by $17,531,644 due to a mutually agreed upon decision for a flight test site relocation, for a total maximum net value of $157,791,267. Payments regarding the relocation effort will be paid upon the completion of certain milestones and a mutually agreed upon payment schedule. The total maximum net value excludes approximately $6.0 million of consideration paid to the Company by SoftBank Corp. under preliminary design agreements related to the program.
  • L
    LMT-Todd
    SIMI VALLEY, Calif.--(BUSINESS WIRE)--Nov. 14, 2019-- AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced a major Middle Eastern ally awarded the company a firm fixed-price contract valued at $11,999,992 on October 25, 2019 for logistics support, spares, and repair services in support of its existing fleet of AeroVironment’s Puma™ AE and Raven® B tactical UAS. The contract award period of performance is two years.

    ...keep em' comin
    Bullish
  • S
    Sandy
    With the new products being announced and the aerospace and defense meetings this week in DC, the stock can react to the upside.